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another subsidy for too big to fail banks we have a reality check plus a talian technocrat leader mario monti versus bunga bunga three time former prime minister silvio berlusconi their latest debate centers around a different approach to bond yields will cover the spread in loose change let's get to today's capital account. government budget deficits do they matter of course but looking at the fiscal cliff debate it actually seems most seem to agree with that statement i just made though folks may disagree on the best way or time to address them here's the but is this framework misguided well yes according to supporters of m.m.t. at least as far as i can tell it's a theory we've been hearing more and more about over the years some guests on this show have revealed shades of it but we haven't really gotten into a discussion about it now some press attention has been given more it seems in the last year or so here's an article from the washington post modern monetary theory an unconventional take on economic strategy and further in this off article it talks about deficit our walls and so not h
another subsidy for too big to fail banks we have a reality check plus a talian technocrat leader mario monti versus bunga bunga three time former prime minister silvio berlusconi their latest debate centers around a different approach to bond yields will cover the spread in loose change let's get to today's capital account. government budget deficits do they matter of course but looking at the fiscal cliff debate it actually seems most seem to agree with that statement i just made though folks...
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thousand while gold rises said some headlines today citing italian technocrat prime minister mario monti as plans to resign also expectations of easing regardless it was actually fairly so why has the yellow metal been trading sideways for pretty much the past year and a half as the s. and p. five hundred gained a very respectable twenty five percent we'll hear from commodities legend eric sprott about that and about silver too plus u.s. and u.k. regulators have reportedly published a joint paper they wrote about it on the pages of the op ed pages rather of the financial times to deal with too big to fail banks that need to while they held its first cross border plan it includes losses for shareholders removing senior management and converting debt into equity to provide capital now capital is one solution to mitigate the liability of massive credit expansion only we had hard money though we'll break that down for you one of the day and while we're on all that glitters check out this trip to the vault. it's enormously impressed see it's it's a big road like a movie where the dead go to s
thousand while gold rises said some headlines today citing italian technocrat prime minister mario monti as plans to resign also expectations of easing regardless it was actually fairly so why has the yellow metal been trading sideways for pretty much the past year and a half as the s. and p. five hundred gained a very respectable twenty five percent we'll hear from commodities legend eric sprott about that and about silver too plus u.s. and u.k. regulators have reportedly published a joint...
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Dec 10, 2012
12/12
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mario monti is stepping down as prime minister of italy. he lost support of the people. he was out in front of italy's debt crisis last year and he lowered the bar in cost. he is a smart guy. he obviously does not want to stay there. investors took heart from the latest data out of china. growth is accelerating. no more that owning our process here. almost 10%. beating analyst estimates. copper moved higher. it is an industrial metal. money flowing into stocks. minors like numa mining. then, of course, the announcement that they would be taking a big acquisition. today, it is up more than a percent. cliff natural of about 5%. we should not forget mcdonald's. better same-store sales than expected. coming up in just a few minutes. cash is king at ethan allen peered the furniture retailer throwing a lot more cash at shareholders. they are announcing a one-time payout this month alone. we will get the inside story from ethan allen chairman and ceo farooq kathwari. you have to hear about his plans for china. international expansion is a huge priority. the chinese may like tha
mario monti is stepping down as prime minister of italy. he lost support of the people. he was out in front of italy's debt crisis last year and he lowered the bar in cost. he is a smart guy. he obviously does not want to stay there. investors took heart from the latest data out of china. growth is accelerating. no more that owning our process here. almost 10%. beating analyst estimates. copper moved higher. it is an industrial metal. money flowing into stocks. minors like numa mining. then, of...
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Dec 11, 2012
12/12
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it said send monti to the beach. it doesn't take long to get -- how long is the average government in italy? >> i don't know. is kelly evans still with us? >> she's gone. that's about as long as a -- her report is about as long as the average government. but they have a figure. >> let's head to eric fisher on today's weather forecast. maybe he has the answer. >> eric. >> unfortunately not, guys. i know the weather changes quickly, and that's my business here. i don't deal with the italian government too much. but what we're watching for today too much in items of changes, it's colder outside. as soon as you walk out the door, you notice a big change in that cold front. this time yesterday in cincinnati, 17 degrees colder. 30 degrees colder in jackson. still showers around boston and new york city. they'll be out of the way fairly quickly. our main story is florida. miami, naples, picking up showers and thunderstorms. a half dozen tornados across the south yesterday. we'll watch tampa, daytona be h beach, ft. myers. t
it said send monti to the beach. it doesn't take long to get -- how long is the average government in italy? >> i don't know. is kelly evans still with us? >> she's gone. that's about as long as a -- her report is about as long as the average government. but they have a figure. >> let's head to eric fisher on today's weather forecast. maybe he has the answer. >> eric. >> unfortunately not, guys. i know the weather changes quickly, and that's my business here. i...
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Dec 27, 2012
12/12
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monty stewart? spanish charlie. this town must be getting deaf. i said i'm hiring for reece kilgore. if any of you got a case against him or me, holler out and i'll hear it. - looks like we ain't so popular, cassidy. - they don't speak up, i'll pick the ones i want. slim, i'll take you. cleary, i'll need you on the chuck wagon. knuckles, i got a long memory. - i'm working for the circle o. - you can quit. go tell 'em and get your bedroll. you, buck simpson. - i'll go. - now, that's what i like to hear. ramirez. you've been wiped out by the indians. how about a job? - i'll go. - you need a job that bad, i'll make you my deputy. - i can't ask my girl to marry me on deputy's pay. - it'll do till you can get started again. - she's waited for me long enough. - cassidy, you been having more brushes with the indians than anybody else. this time, drive your herd around the reservation, not across. - are you loco? - could be, but i'm wearing the star. - well, pin it on your britches. you're bustin' out of them. [laughter] we drive across that reservation t
monty stewart? spanish charlie. this town must be getting deaf. i said i'm hiring for reece kilgore. if any of you got a case against him or me, holler out and i'll hear it. - looks like we ain't so popular, cassidy. - they don't speak up, i'll pick the ones i want. slim, i'll take you. cleary, i'll need you on the chuck wagon. knuckles, i got a long memory. - i'm working for the circle o. - you can quit. go tell 'em and get your bedroll. you, buck simpson. - i'll go. - now, that's what i like...
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Dec 17, 2012
12/12
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her stepson sergeant monty buchanan is about to be deplo d deployed. "the hurt locker" guys, there's a bomb? i'll be taking care of that. >> her, he was blown up in an ied explosion in afghanistan, and was sent home. >> here's robert. >> reporter: last year when an episode of "days of our lives" featured returning wounded warriors, one of them was sergeant robert buchanan. >> do my 20-plus years. >> it's shellshock, post-traumatic stress. he was a surfer, california boy, and tipped, so would it be good to be out there and being -- he said, i can't go near the sand. say no more. >> reporter: the u.s. marine corps flag proudly flies yao side of sherman compton. >> you were injured in every single deployment. >> yeah, i had to learn to walk straight again, to learn how to read again, i still have mental problems, extreme headaches. >> reporter: but watson is now a full-time college student. he credited the wounded warrior project for helping him and a woman he's never met. >> thank you, deidra, for everything usual doing. >> reporter: back when she learne
her stepson sergeant monty buchanan is about to be deplo d deployed. "the hurt locker" guys, there's a bomb? i'll be taking care of that. >> her, he was blown up in an ied explosion in afghanistan, and was sent home. >> here's robert. >> reporter: last year when an episode of "days of our lives" featured returning wounded warriors, one of them was sergeant robert buchanan. >> do my 20-plus years. >> it's shellshock, post-traumatic stress. he was...
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Dec 17, 2012
12/12
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in 1953 famous cowboy named monty montana lassoed dwight eisenhower with his permission. [laughter] in the afternoon of inauguration day back in 1829 to was a sort of stampede in the white house the had a big party there and the people trampled the place with their boots and direct the curtains and the carpeting and finally the fiasco ended when somebody had a brilliant idea of putting a large tub of whiskey on the white house lawn and everybody laughed. the inaugural ball athlete, this is 1953 come here are the kennedys and 61, george and laura bush and dhaka and michelle obama. the young plant inaugurations are also a big part of inauguration day. well it's not really the inauguration day but part of inauguration history. you can't you i and many of us even remember 39 years ago next year will be the 50th anniversary of the assassination of john f. kennedy followed by lyndon johnson being sworn in aboard air force one in dallas. he was sworn in by the federal district judge. she is the only woman to ever swear in a president. here is gerald ford being sworn in in the wh
in 1953 famous cowboy named monty montana lassoed dwight eisenhower with his permission. [laughter] in the afternoon of inauguration day back in 1829 to was a sort of stampede in the white house the had a big party there and the people trampled the place with their boots and direct the curtains and the carpeting and finally the fiasco ended when somebody had a brilliant idea of putting a large tub of whiskey on the white house lawn and everybody laughed. the inaugural ball athlete, this is 1953...
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monty ball and melvin gordon rushed for 200 yards against the cornhuskers. he is the career leader in touchdowns with 81. this will be wisconsin's third straight trip to pasadena, but the badgers have lost the last two years to tcu and oregon. meanwhile, san jose state plays bowling green in the military bowl on december 27th in washington, d.c. for the first time ever the spartans are ranked 24th at the at and bcs polls. he is a big reason for the team's success. he leads the nation in passing accuracy and is tied for eight with 31 touchdowns. later in the show stanford basketball and former cardinal quarterback andrew luck pulls out a victory with no time on the clock. this abc7 sports report is brought to you by river rock casino. >> appreciate it. >>> coming up next on the news at 11:00, the russian river was one of the areas of concern. why residents are breathing a sigh of relief. and lots of water and lots of snow. we will show you what they are facing in [ female announcer ] now get high speed internet at home on our newly expanded advanced digital n
monty ball and melvin gordon rushed for 200 yards against the cornhuskers. he is the career leader in touchdowns with 81. this will be wisconsin's third straight trip to pasadena, but the badgers have lost the last two years to tcu and oregon. meanwhile, san jose state plays bowling green in the military bowl on december 27th in washington, d.c. for the first time ever the spartans are ranked 24th at the at and bcs polls. he is a big reason for the team's success. he leads the nation in passing...
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monty ball and melvin gordon rushed for 200 yards against the cornhuskers. he is the career leader in touchdowns with 81. this will be wisconsin's third straight trip to pasadena, but the badgers have lost the last two years to tcu and oregon. meanwhile, san jose state plays bowling green in the military bowl on december 27th in washington, d.c. for the first time ever the spartans are ranked 24th at the at and bcs polls. he is a big reason for the team's success. he leads the nation in passing accuracy and is tied for eight with 31 touchdowns. later in the show stanford basketball and former cardinal quarterback andrew luck pulls out a victory with no time on the clock. this abc7 sports report is brought to you by river rock casino. >> appreciate it. >>> coming up next on the news at 11:00, the russian river was one of the areas of concern. why residents are breathing a sigh of relief. and lots of water and lots of snow. we will show you what they are facing in th >>> good evening. i'm ama dates. today's storm left its mark across the area. it caused a road
monty ball and melvin gordon rushed for 200 yards against the cornhuskers. he is the career leader in touchdowns with 81. this will be wisconsin's third straight trip to pasadena, but the badgers have lost the last two years to tcu and oregon. meanwhile, san jose state plays bowling green in the military bowl on december 27th in washington, d.c. for the first time ever the spartans are ranked 24th at the at and bcs polls. he is a big reason for the team's success. he leads the nation in passing...
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Dec 17, 2012
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a man eagerly awaiting monti's decision is silvio berlusconi, the former prime minister of italy. we're pretty sure he has not prayed at the tomb of st. francis lately. he has said that he devil wants to be run for prime minister again however at the same time he's also made noises that suggest that he wouldn't run if monti runs. that's not set in stone. we're going to see what happens there. what berlusconi was definitive about, he's going to marry his 27-year-old girlfriend he says. political commentators in italy have cheaply suggested that he's doing this to look more like a family man ahead of his run in february. he is 76 years old. of course. and his divorce from his second wife is not final yet. that's been very bitter. remember they wrote letters to the editor to each other in the paper, as the process of their separation was occurring in their divorce. addressing the parliament is also now a banking supervisor and also saying that the medium term outlook for the european economy looks to be challenging. in the category of the sky is blue. carl? thank you michelle back at
a man eagerly awaiting monti's decision is silvio berlusconi, the former prime minister of italy. we're pretty sure he has not prayed at the tomb of st. francis lately. he has said that he devil wants to be run for prime minister again however at the same time he's also made noises that suggest that he wouldn't run if monti runs. that's not set in stone. we're going to see what happens there. what berlusconi was definitive about, he's going to marry his 27-year-old girlfriend he says. political...
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Dec 19, 2012
12/12
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monti to step down. of course, they weren't necessarily with the bank when all this manipulation happened. someone's going to take responsibility, right? >> yeah. i think this would be really harsh on the -- on the top management. the top management is only in charge since 2011. so clearly after the libor manipulation is over and -- i think we'll see something like 35 traders being charged for this, and i think this is probably what will happen. the management of the investment bank has changed several times since then. and i don't think anything would be necessary right now with the new management. >> dirk, you mentioned, too, broader concern. what happened at barclays spurred basically a restructuring. ubs we're seeing that restructuring take place. what are the prospects for this company going into 2013? >> well, ubs by its own admission expects mid single digit roes for 2013 and 2014. so this is one of the lowest roes in the banking sectorment at t -- sector. they're trading at multiples. i think we'
monti to step down. of course, they weren't necessarily with the bank when all this manipulation happened. someone's going to take responsibility, right? >> yeah. i think this would be really harsh on the -- on the top management. the top management is only in charge since 2011. so clearly after the libor manipulation is over and -- i think we'll see something like 35 traders being charged for this, and i think this is probably what will happen. the management of the investment bank has...
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Dec 10, 2012
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and italy's prime minister, mario monty, resigned. wall street is expecting the worst bonus season since the financial crisis of 2008. the average bonus will decline 16 1/2% from last year, to just over $100,000. and about one in five wall street workers won't get a bonus at all, as banks and investment firms continue to struggle in a tough economy. sales at mcdonald's rose in november, as u.s. brought more breakfast items and its new cheddar bacon onion sandwiches. drivers are getting some relief at the gas pump. according to the lundberg survey, a gallon of regular unleaded costs average. $3.46 nationwide. and retailers are acquiring holiday help in record numbers. retailers a added, 465,500 seasonal workers in november as they wrap up for the holidays. that's barely surpasses a previous record set in 2005, just before the financial crisis. that's your money watch. for more, head to cbs money watch.com. >>> a bald eagle is going to be okay, thanks to the quick thinking of two fort myers residents. gale shows us the dramatic video fr
and italy's prime minister, mario monty, resigned. wall street is expecting the worst bonus season since the financial crisis of 2008. the average bonus will decline 16 1/2% from last year, to just over $100,000. and about one in five wall street workers won't get a bonus at all, as banks and investment firms continue to struggle in a tough economy. sales at mcdonald's rose in november, as u.s. brought more breakfast items and its new cheddar bacon onion sandwiches. drivers are getting some...
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the crash occurred on northbound interstate 280 near sara monty boulevard. the chp says the woman driving alone apparently did not see an abandoned car and slammed right into it. and then she was struck from behind and died at the scene. traffic came to a stand still while emergency crews work to cut the victim out of that wreckage. the storm causing problems in sonoma county and take a look at this video we just got in. a utility pole in west santa rosa, and you can see how it is completely blocking the road there, and we are bound to see more damage like that as the morning goes on. we are receiving video via you report of the storm. streets were flooded from a big downpour this morning in san francisco at 18th and dolores streets. i believe lisa argen mentioned that in her accu-weather forecast. this whole street looks like a small river. >>> we also took this video of rain pouring down in front of our station here on front street about two hours ago. water flowing down and turning creeks and -- curves into little little -- curbs into little creeks. send
the crash occurred on northbound interstate 280 near sara monty boulevard. the chp says the woman driving alone apparently did not see an abandoned car and slammed right into it. and then she was struck from behind and died at the scene. traffic came to a stand still while emergency crews work to cut the victim out of that wreckage. the storm causing problems in sonoma county and take a look at this video we just got in. a utility pole in west santa rosa, and you can see how it is completely...
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three dogs, monty, jimmy and porter, are among those now allowed behind the wheel. with their trainer's help, they get into the driver's seat and take off. >> there are not enough treats, if the driver's seat is on the wrong side. i think he's using a stick shift, too. that's talent. >> at least he's not texting. >> exactly. >> it may be cute, but can dogs get a license to drive? >> maybe in some countries. in dogville, sure, anything can happen. >> maybe it's not an issue for some. >> but the weather is, special sli when we're approaching the weekend. >> we've got a couple of hiccups in our forecast for the weekend. yesterday was looking dry. today, now, we're talking about a weather front that will stall over our area. what that will do is provide us with a whole lot of clouds and even showers from time to time, this upcoming weekend. first, though, let's focus on the cold. a gorgeous sunset right now. we've got temperatures out there still holding in the mid and upper 50s. still several degrees above average for today. but again, it's been windy, so that's kind o
three dogs, monty, jimmy and porter, are among those now allowed behind the wheel. with their trainer's help, they get into the driver's seat and take off. >> there are not enough treats, if the driver's seat is on the wrong side. i think he's using a stick shift, too. that's talent. >> at least he's not texting. >> exactly. >> it may be cute, but can dogs get a license to drive? >> maybe in some countries. in dogville, sure, anything can happen. >> maybe...
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Dec 1, 2012
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. >> it's been nearly 40 years since monti serino's last homicide. neighbors say no one really knew the victims because the couple pretty much kept to themselves. >>> a well-loved san jose talk rey ya is out of commission after a two-alarm fire it this morning. 8:00 this morning, flames were burning in the building's attics. it's been a staple for more than two decades, just last year they earned top honor on making the best at thtamale. >>> an autistic 16-year-old girl who went missing for two days after leaving an oakland youth center has been found. but police say she was beaten p. a concerned bus driver called police last night after he saw cheyenne white alone on the bus. police say they will interview her once she's physically able. the teenager is described of having the mental capacity of a 7-year-old. a $5,000 reward is offered for any information leading to the arrest of the suspects. >>> a follow-up to a story we brought you earlier this week. a $10,000 reward is being offered to help find a suspect who shot at a milpitas police officer. i
. >> it's been nearly 40 years since monti serino's last homicide. neighbors say no one really knew the victims because the couple pretty much kept to themselves. >>> a well-loved san jose talk rey ya is out of commission after a two-alarm fire it this morning. 8:00 this morning, flames were burning in the building's attics. it's been a staple for more than two decades, just last year they earned top honor on making the best at thtamale. >>> an autistic 16-year-old girl...
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Dec 31, 2012
12/12
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>> right now, if we did the full fiscal cliff, the full fiscal cliff monty, perhaps is the best way it put it, we get rid of more growth in the economy than in all of 2011. it would be a negative number, essentially, mandy. like 4.2% of gdp. we grew up 4% of 2011. a negative number. take away from that all things being equal. depending on what the private sector did. a negative for the economy. every dollar they don't do on the fiscal cliff, that's a dollar that does not come out of the economy. but i think it is probably reason to consider. talking about what brian was talking about at the top of the show here. 1%, maybe 1.5% drag on growth of anything decided from the fiscal cliff anyway. >> and it depends on what you buy. i hear what you're saying with, steve and it is important to dive in. when you get a dollar you probably spend more than the dollar, right? they have shown that. that is the greatest multiplier. let's be clear on what that is on. necessities, food, clothing, which is needed. and on taxes, and there is not a lot of sympathy, but if you are a boat maker, high-end hom
>> right now, if we did the full fiscal cliff, the full fiscal cliff monty, perhaps is the best way it put it, we get rid of more growth in the economy than in all of 2011. it would be a negative number, essentially, mandy. like 4.2% of gdp. we grew up 4% of 2011. a negative number. take away from that all things being equal. depending on what the private sector did. a negative for the economy. every dollar they don't do on the fiscal cliff, that's a dollar that does not come out of the...
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the dogs are named monty, jimmy and porter. for two months, they trained indoors on how to change gears, to brake, and to steer. finally, the trainers allowed the dogs to get behind the wheel of a real car. and they did it on live tv. with a little bit of help from the humans. the dogs were able to put the car in gear, operate the accelerator and start driving. they can even steer on command. the trainers say they simply created a series of instinctive behaviors for the dogs to learn. but it did take a while, they say, for the dogs to get an idea of what was actually happening. i'm not sure they ever did. but anyway, the project was sponsored by the spca in new zealand. they wanted to prove dogs can do anything. we don't suppose we'll see
the dogs are named monty, jimmy and porter. for two months, they trained indoors on how to change gears, to brake, and to steer. finally, the trainers allowed the dogs to get behind the wheel of a real car. and they did it on live tv. with a little bit of help from the humans. the dogs were able to put the car in gear, operate the accelerator and start driving. they can even steer on command. the trainers say they simply created a series of instinctive behaviors for the dogs to learn. but it...
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Dec 5, 2012
12/12
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that's monty python is what that was. come on now. >>> as we count down the days to christmas, santa is going through thousands of letters trying to fill as many wishes as he, can but santa can't get to every letter. >> that's right. that's why the u.s. postal service runs operation santa where it asks you to help the big guy out. you can adopt a child or family and help make this a merry christmas for them. over the next three weeks we'll be sharing portions from some of those letters from our area such as this one. >> dear santa, i'm writing to you because i'm a single mother of three. i lost my job in august after working as a government contractor for the last eight years. we have lost our place and right now my income is very low. so i'm writing to you, is an that, just to ask if you can please bring my kids something for christmas. fyi, we stay with my aunt. if you would like to help families like this, pick up a letter from the main post office on brentwood road in northwest d.c. they'll have all the information yo
that's monty python is what that was. come on now. >>> as we count down the days to christmas, santa is going through thousands of letters trying to fill as many wishes as he, can but santa can't get to every letter. >> that's right. that's why the u.s. postal service runs operation santa where it asks you to help the big guy out. you can adopt a child or family and help make this a merry christmas for them. over the next three weeks we'll be sharing portions from some of those...
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Dec 10, 2012
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. >> how many days, if you add headline that monty was thinking about, going out and bursceloni was thinking about coming back. follow me on twitter. and "power lunch" begins right now. >> halftime is over. "power lunch" and second half of the trading day starts right now. >> and here we are. welcome to "power lunch." as you can see, we are beth here on the floor of the new york stock exchange. and stocks are higher as fiscal cliff song and dance continues in washington. mr. boehner says he is waiting for a proposal from this gentleman, the president. president obama. and the president is set to speak about the cliff and the a economy later today. >> i thought i was supposed to come here today. you thought you were supposed to come here today. so we are both here. not really, folks. a lot of talk today is about what investors should do if we go over the cliff. what should we do if there is a debt deal before year-end or shortly thereafter. we have smart strategies and individual stock picks for you this hour. >> that's right. well also take a look at another side of google that you very rare
. >> how many days, if you add headline that monty was thinking about, going out and bursceloni was thinking about coming back. follow me on twitter. and "power lunch" begins right now. >> halftime is over. "power lunch" and second half of the trading day starts right now. >> and here we are. welcome to "power lunch." as you can see, we are beth here on the floor of the new york stock exchange. and stocks are higher as fiscal cliff song and dance...
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Dec 28, 2012
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. >>> the outgoing prime minister mario monti said he will contest the general election in february. he will lead a coalition of supporting his reform agenda. his appointment last year as the head of the technocratic government sought to end the financial crisis. former prime minister silvio berlusconi is rounding out his new year with a divorce, pinning his ex-wife almost $4 million per month. he was accused of having relationships with young women. the venezuelan president hugo chavez cents a message of faith to his supporters from his hospital bed. the message said that well- wishers and supporters were helping his recovery following the cancer operation. there is been speculation over whether his health has left him fit to lead the country. >>> a 6-year-old british girl who was abducted by her father and to pakistan three years ago has been reunited with her mother in the u.k. in the past couple of hours she arrived at manchester airport. she was taken from her home in greater manchester on her third birthday, found with the help of the pakistani authorities and is understood to
. >>> the outgoing prime minister mario monti said he will contest the general election in february. he will lead a coalition of supporting his reform agenda. his appointment last year as the head of the technocratic government sought to end the financial crisis. former prime minister silvio berlusconi is rounding out his new year with a divorce, pinning his ex-wife almost $4 million per month. he was accused of having relationships with young women. the venezuelan president hugo...
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Dec 27, 2012
12/12
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where is monty hall? we need to make a deal. meantime, can the holidays make or break an entire retailer's year? heck yeah. cnbc's jane wells in l.a. with some surprises though, jane. >> reporter: one surprise. christmas may not be so bad. got more new numbers from gallup. look at this, a spending surge of an average of $119 per person december 21st through 23rd. $18 more than the same period a year ago. the last might surge raised the 14-day rolling average to $89 a day spending, up 10% from a year ago. now, most analysts say it's been a good holiday for the gap, urban outfitters, costco. no one expects christmas to the upside and craig johnson says weakness in retailers really started last summer. going on for month. back to school wasn't that great. his surprise winners and losers for the holiday including ron johnson. craig johnson says j.c. penney is turning around, quote, as we speak and apple's stores, johnson's previous store, saw foot traffic peaking and started to decline. sales growth won't be as strong as before, but
where is monty hall? we need to make a deal. meantime, can the holidays make or break an entire retailer's year? heck yeah. cnbc's jane wells in l.a. with some surprises though, jane. >> reporter: one surprise. christmas may not be so bad. got more new numbers from gallup. look at this, a spending surge of an average of $119 per person december 21st through 23rd. $18 more than the same period a year ago. the last might surge raised the 14-day rolling average to $89 a day spending, up 10%...
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Dec 10, 2012
12/12
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MSNBC
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that whoos them by exceeding to some sort of immigration reform, but they don't want to go the full monty. you see this even among republican elites. in the same politico article you have karl rove and others quoted saying we need to do something on immigration. we should do partial measures. we shouldn't go all the way to amnesty, and i think that they're reacting to a lot of blowback that they've gotten from their base as they've talked about the need to go out and make immigration reform something that they just set off the table. >> that quote is factually wrong. what this person thinks is if we have immigration reform, then you'll have more latinos who can vote. maybe you're changing the time frame, but the fact is because of the 14th amendment, anyone who is born in the united states legally or illegally is a legal citizen. you can vote. you can't stop these people from voting. they're just wrong. >> that's 50,000 hispanics turn 18 years old every month, period. that should be the only thing that is in front of the gop right now. all of this hem and hawing about what we're going to
that whoos them by exceeding to some sort of immigration reform, but they don't want to go the full monty. you see this even among republican elites. in the same politico article you have karl rove and others quoted saying we need to do something on immigration. we should do partial measures. we shouldn't go all the way to amnesty, and i think that they're reacting to a lot of blowback that they've gotten from their base as they've talked about the need to go out and make immigration reform...
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Dec 13, 2012
12/12
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KQED
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. >> a young captain which set up the outpost, he wanted me to write about, staff sergeant jerod monty who had been killed, won the medal of honor posthumously and write about his brothers and lieutenant dave roller, he wanted me to write about his commander who had been killed and the fact they had some success there is in that valley, but the outpost wasn't all meaningless and for nought, they had actually done some things, so it became, as these troops became invested in the projects, it became a much larger and much more comprehensive study and i think, hopefully a better book because it is a narrative. >> and what is the role of stan crystal, of stan mcchrystal, the former commander of troops in afghanistan who later had to leave? >> stan mcchrystal makes a decision to lay the closure of the outpost. the men who come in, colonel randy george and lieutenant colonel brad brown they come in to take control of this area of operations which includes combat outpost keating in may, june, 2009 and they present mcchrystal with scenario what they call in the military realignment, closing do
. >> a young captain which set up the outpost, he wanted me to write about, staff sergeant jerod monty who had been killed, won the medal of honor posthumously and write about his brothers and lieutenant dave roller, he wanted me to write about his commander who had been killed and the fact they had some success there is in that valley, but the outpost wasn't all meaningless and for nought, they had actually done some things, so it became, as these troops became invested in the projects,...
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Dec 6, 2012
12/12
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CNBC
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mario monty's government has survived the no confidence vote. looks like the italian government is going to survive. you see italian stocks were down throughout the day. the problem about this, the structure of italian politics makes the country ungovernable. brian, there's 12 political parties in the chamber of deputies. that's the lower house. you get coalitions together and they routinely topple the governments. this has been a problem since world war ii. they've got to gig ofigure out better way to govern the country. >>> we've got huge volume today on apple. it will do 40 million shares, probably twice normal. it went positive earlier in the day on that very good news about doing some production of the mac in the u.s. >> they've got too many and maybe we have too few. somewhere in the middle is the answer. bob pisani, thank you. >>> your top stock story today is -- what else -- apple. it is making a small comeback after hitting a nine-month low earlier today but it's been a run to forget for one of the most owned stocks in the world. it's d
mario monty's government has survived the no confidence vote. looks like the italian government is going to survive. you see italian stocks were down throughout the day. the problem about this, the structure of italian politics makes the country ungovernable. brian, there's 12 political parties in the chamber of deputies. that's the lower house. you get coalitions together and they routinely topple the governments. this has been a problem since world war ii. they've got to gig ofigure out...
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Dec 10, 2012
12/12
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CURRENT
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less less monday at the hall, more -- he's less monty hall, more monti burns to extract pain on the republicans. >> stephanie: so the issue that he ran and won on -- >> well, i think what's so frustrating for republicans is the last time we had some of these dopey countdown to the clock of armageddon was with the debt deal. and republicans were in a much stronger position for better or for worse just because they were willing to you know, blow up the whole debt deal, et cetera. so i think you know, they wish it was like that. they wished -- when that unfolded, obama was taking hit after hit. he did not have the leverage. he obviously hadn't just won an election. his approval ratings were going in the tank. so they're upset that this isn't a rerun. they're upset that obama seems to be holding a lot of the cards. they're upset the republicans seem weak and boehner is divided and the republican party. so a lot of this complaint like we heard from ducey is him saying boy we want the debt deal again. we want it where obama was on the run and taking hits politically because it is clearly not unfoldin
less less monday at the hall, more -- he's less monty hall, more monti burns to extract pain on the republicans. >> stephanie: so the issue that he ran and won on -- >> well, i think what's so frustrating for republicans is the last time we had some of these dopey countdown to the clock of armageddon was with the debt deal. and republicans were in a much stronger position for better or for worse just because they were willing to you know, blow up the whole debt deal, et cetera. so i...
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Dec 6, 2012
12/12
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CNBC
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this may lead to midterm elections because monti is market friendly you might not end up with a market friendly solution. we thought we'd have elections march/april, there's the prospect it could be a snap election much earlier perhaps in the new year. now the good news is there isn't a huge amount of blowout on the bonds at the short end of the italian markets. the yields are higher but not huge relative to where we've been but on the ten-year italian market you can see we're slightly higher but no great shakes overall. it means the rally in the peripheral bond market we've witnessed in italy and spain has now stalled at this stage. remember we had the auction in spain yesterday and the yields are slightly higher relative to where we've been, they're still relatively depressed. we talk about the problems in europe, i thought it was worth pointing out amidst all the malaise what is happening in germany today an astounding manufacturing german manufacturing orders result from germany up 3.9% in october, a phenomenal performance from german industry and it's worth bearing in mind that ge
this may lead to midterm elections because monti is market friendly you might not end up with a market friendly solution. we thought we'd have elections march/april, there's the prospect it could be a snap election much earlier perhaps in the new year. now the good news is there isn't a huge amount of blowout on the bonds at the short end of the italian markets. the yields are higher but not huge relative to where we've been but on the ten-year italian market you can see we're slightly higher...
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Dec 1, 2012
12/12
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CSPAN
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monty is calling on the line for independents from mississippi. go ahead. caller: you pretty much just answered all of my questions. i was asking about the staff members. the only question you did not answer was where does the money come from? guest: i can answer that one. it comes from taxpayer dollars. it comes from the treasury. people do not realize comparatively speaking how little we spend. it is about 1.5% of the total budget that goes to the legislative branch. that includes the capitol police, the congressional research service, the library of congress, and the accounting office. it is a small percentage. this is a hard-working workforce. we are coming out with a steady -- study. in march, we will release a report that shows members of the house of representatives to work on average 70 hours of week. it is pretty good bang for your buck. host: ron is up next on the line for democrats. caller: who brings the newbies up to speed? the 31% are obscure in our consideration that more taxes are being laid on people. war is taken away from the -- more is t
monty is calling on the line for independents from mississippi. go ahead. caller: you pretty much just answered all of my questions. i was asking about the staff members. the only question you did not answer was where does the money come from? guest: i can answer that one. it comes from taxpayer dollars. it comes from the treasury. people do not realize comparatively speaking how little we spend. it is about 1.5% of the total budget that goes to the legislative branch. that includes the capitol...
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Dec 15, 2012
12/12
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CSPAN2
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eventually eisenhower says, steady there, monty, i'm your boss. it's fascinating to me how that difficult relationship with the british as they're realizing that we are replacing them not only in the combat effectiveness, but as a superpower, um, how eisenhower kind of lets them down'sly, manages that -- easily, manages that. doesn't fire montgomery though he's sorely tempted to do so at times. if you think i'm exaggerating eisenhower's achievement, think they had to follow seniority and put george patton in that job. [laughter] >> things might not have gone so well. >> no. i think we probably would have ended up at war with the british. [laughter] >> so after world war ii are there any heroes, or is it a long story of decline? >> no, there are real heros. the korean war brings two other personal hero os of mine. one is master ridgeway, probably marshall's leading protege. he began world war ii at marshall's morning briefer, briefing him on the state of the war. and, by the way, that was basically an operations brief that was also given to the pre
eventually eisenhower says, steady there, monty, i'm your boss. it's fascinating to me how that difficult relationship with the british as they're realizing that we are replacing them not only in the combat effectiveness, but as a superpower, um, how eisenhower kind of lets them down'sly, manages that -- easily, manages that. doesn't fire montgomery though he's sorely tempted to do so at times. if you think i'm exaggerating eisenhower's achievement, think they had to follow seniority and put...
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Dec 10, 2012
12/12
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FBC
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. >> meanwhile, european markets are down and because the italian prime minister mario monti m a surprise. is going to resign. and silvio berlusconi wants to replace him. europe is appalled. and people blaming the recession for not having more children. 64 births for one thousand women of child bearing age. half of the peak of the baby boom in the 1950's. our next guest has six children, counts them. and what's that-- >> and naham segal. that works. >> have i got that word? >> and light tte candles. >> if you light them i will come. >> you have six children. >> as do you. >> leave me out of this. >> and others people say they can't afford it you're saying it doesn't matter if you can afford them or not. >> if the price tag of having a child scares you the most, you haven't done the right gut test. stuart: so, go ahead and have the children whether you can afford them or not. >> having children is the investment in the future. if we don't have children now and understanding in the short-term there are obviously economic hardships going on, it is classic then in an economic down turn, peopl
. >> meanwhile, european markets are down and because the italian prime minister mario monti m a surprise. is going to resign. and silvio berlusconi wants to replace him. europe is appalled. and people blaming the recession for not having more children. 64 births for one thousand women of child bearing age. half of the peak of the baby boom in the 1950's. our next guest has six children, counts them. and what's that-- >> and naham segal. that works. >> have i got that word?...
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Dec 27, 2012
12/12
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CNBC
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in europe, all about mario monty, kicked off on friday when he resigned. he then said on sunday he'd work with coalition partners. on monday he laid out what he'd like his agenda to be. today, he is negotiating with other potential allies. two big questions come out. one of, what will the clash with silvio berlusconi be? he said his economy was crippled and said the right would abolish property tax rises. the second more interesting question is whether or not monty in the game means the election result in february will be a less strong coalition to enact reform, which is clearly where we hope they will go as in keeping -- trying to keep the investor sentiment going. in rome, they actually auctioned 12 euros of bills. all the politics with berlusconi not really affecting the market. yields are low, confidence still in there. some italian banks rose on the back of that. not huge moves. you can see bpms, up 2.2%. in the center of europe where it was concentrated, other banks moved higher. i'll show you those, lloyds, in the netherlands. and one is a bank here
in europe, all about mario monty, kicked off on friday when he resigned. he then said on sunday he'd work with coalition partners. on monday he laid out what he'd like his agenda to be. today, he is negotiating with other potential allies. two big questions come out. one of, what will the clash with silvio berlusconi be? he said his economy was crippled and said the right would abolish property tax rises. the second more interesting question is whether or not monty in the game means the...
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Dec 9, 2012
12/12
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FOXNEWSW
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. >> premiere monti said he plans to resign following the sudden loss and support from the party of berlusconi paving the way for early elections a year after he pulled the country back from the brink of disaster. >> a massive search-and-rescue effort in the philippines with 900 fishermen missing after a typhoon struck. >> new fallout to the growing political conflict in egypt. egyptians in egypt are flooding into the united states many live ing egypt because of the crisis and for their safety. and now, live in los angeles. dominic, what sort of scale is this wave of asylum seekers? >> napolitano at homeland security says we are seeing a doubling of seekers since the muslim brotherhood took power and 100,000 egyptians have turned up according to unofficial figures. it is mostly the coptic christians and we understand, as well, that new constitution does so little to protect minority rights including christians there and this is an attempt by the islamist to wipe out what remains, really, of the christian community in cairo. take a listen. >> christianity is in the middle coast where the cultur
. >> premiere monti said he plans to resign following the sudden loss and support from the party of berlusconi paving the way for early elections a year after he pulled the country back from the brink of disaster. >> a massive search-and-rescue effort in the philippines with 900 fishermen missing after a typhoon struck. >> new fallout to the growing political conflict in egypt. egyptians in egypt are flooding into the united states many live ing egypt because of the crisis and...
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Dec 24, 2012
12/12
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KDTV
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>>la navidad en italia llega en medio de la incertidumbre, luego de la renuncia de mario monti, por falta de apoyo silvo berlusconi parece dedicido a reanudar sus planes. >>japón, famosa estacion de kuzatzu, diez profesores de sky alegraron el dia a los pequeños al vestir de santa y entregar dulces y regalos a los más pequeños >>un sistema conocido con norat que por años ha llevado el trayecto de santa claus por el mundo, ya tiene competencia se trata de google, ambos sistemas usan sistemas satelitales para monitorear el viaje. >>vamos con más de despierta américa >>panchita >>interrumpo? >>no, para nada. >>edgar >>te3 acercas mucho. >>ay, nunca me han dicho eso entre tu y yo, quien extraña a satcha? sé que vives en méxico, pero que te quedas en un h otel frío. >>se acptan invitaciones. >>vente conmigo, edgar >>qué fuerte >>quien lo viera tan seriecito >>y es que dicen que los seriecitos son los peores. (risas) >>dice que alan tacher es muy seriecito >>si es cierto, si tú eres mía, vengache pa'ca ♪. >>eso, muchachos, buena vibraciones de noche buena. la luna se encuentra e
>>la navidad en italia llega en medio de la incertidumbre, luego de la renuncia de mario monti, por falta de apoyo silvo berlusconi parece dedicido a reanudar sus planes. >>japón, famosa estacion de kuzatzu, diez profesores de sky alegraron el dia a los pequeños al vestir de santa y entregar dulces y regalos a los más pequeños >>un sistema conocido con norat que por años ha llevado el trayecto de santa claus por el mundo, ya tiene competencia se trata de google, ambos...
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Dec 11, 2012
12/12
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KPIX
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. >> here's one driver who apparently doesn't need a map but maybe a leach an animal trainer taught monti to drive. he looks at home behind the wheel. with modified controls he can put the car in >>> this was a landmark year for technology. brian cooley of cnet will show us their top stories of the year and they may surprise you brian says. he's joining us next on "cbs this morning." >> announcer: this portion of "cbs this morning" is sponsored by aarp, fighting to keep medicare and social security strong for generations to come. and social security strong for generations to come. ♪ [spider-man] we got this. ♪ ♪ [mom] this hero stuff is easy! ♪ that's why new dove style + care whipped cream mousse nourishes and conditions to help keep curls well defined and touchably soft. new dove style + care whipped cream mousse. better style through better care. ♪ [ female announcer ] your favorite holiday flavors are here... with some new ones to love. ♪ try new sugar free pumpkin spice... and pecan praline. the gift of great taste is just a click away. get your coupon at tastelift.coffee
. >> here's one driver who apparently doesn't need a map but maybe a leach an animal trainer taught monti to drive. he looks at home behind the wheel. with modified controls he can put the car in >>> this was a landmark year for technology. brian cooley of cnet will show us their top stories of the year and they may surprise you brian says. he's joining us next on "cbs this morning." >> announcer: this portion of "cbs this morning" is sponsored by aarp,...
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Dec 10, 2012
12/12
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CNN
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prime minister mario monti announced he would resign after losing support over his austerity moves. a return of political instability there reminds us that europe still faces a lot of hurdles before it comes out of its economic crisis. countries like greece, spain and italy have been tackling their problems with sharp cuts in spending and higher taxes and that's been fueling recession and unrest. meanwhile, we now know that japan officially slipped into its own recession over the summer with the japanese economy contracting 3.5% between july and september. now, the previous quarter, the previous three months number was also revised lower and that makes for two consecutive quarters of negative growth and that's the classic definition of a recession. from asia, back to america, literally, a group of chinese investors agreed today to buy an 80% stake in aig's aircraft leasing business. back in 2008, the insurance giant was bailed out by the u.s. government to the tune of $180 billion. four years on, still paying back the money by selling off assets including the aircraft leasing unit t
prime minister mario monti announced he would resign after losing support over his austerity moves. a return of political instability there reminds us that europe still faces a lot of hurdles before it comes out of its economic crisis. countries like greece, spain and italy have been tackling their problems with sharp cuts in spending and higher taxes and that's been fueling recession and unrest. meanwhile, we now know that japan officially slipped into its own recession over the summer with...
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Dec 10, 2012
12/12
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they're down after super mario monti announced an early resignation as italian prime minister. >>> the fiscal cliff for payroll processors is not 22 days away. it's 4 days away, december 14th to be exact. millions of small businesses do their own payroll, and they're preparing now for the paychecks for the first week of january. right now they have no idea how much to hold back for social security taxes and the expiring bush tax cuts. the american payroll association urging congress to make a deal on the cliff saying, quote, a delay in legislation beyond december 14th doesn't give all businesses enough time to update and test their payroll systems for early january paychecks. >>> and in today's smart is the new rich, should you pay tuition based on which major you choose? the governor of florida rick scott considering it. a task force appointed by governor scott wants students to per sue so called s.t.e.m. majors against less in demand majors like history, philosophy, or english. the idea is to steer students to where there's the most need. liberal arts professionors claimed that could
they're down after super mario monti announced an early resignation as italian prime minister. >>> the fiscal cliff for payroll processors is not 22 days away. it's 4 days away, december 14th to be exact. millions of small businesses do their own payroll, and they're preparing now for the paychecks for the first week of january. right now they have no idea how much to hold back for social security taxes and the expiring bush tax cuts. the american payroll association urging congress to...
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Dec 11, 2012
12/12
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FOXNEWSW
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this is monty motoring around a track in specially modified car. looks very comfortable. just put a cd into the cd player. the trainer says he can put the garr into gear all by himself and even accelerate. a ha. jenna: better than drives we've been in on the road. we'll be [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. rick: on the front lines of a battle, big labor says threatens its future, thousands of union members descending on michigan's statehouse to make their voices heard. lawmakers not backing down in the face of some tough talk. >>> also, a shocking murder in the middle of america's biggest city. ca gunman -- a gunman shoots a man dead before jumping into a getaway car and vanishing. what we're learning about the victim and the crime. >>> and disturbing new information, h
this is monty motoring around a track in specially modified car. looks very comfortable. just put a cd into the cd player. the trainer says he can put the garr into gear all by himself and even accelerate. a ha. jenna: better than drives we've been in on the road. we'll be [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's...
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Dec 19, 2012
12/12
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CSPAN
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host: monty writes in on twitter. guest: it is also parental involvement. parents will call a lawyer for someone else if the school says the child has a problem. the school should not say, "it is all the parents' fault." even the best of parents can be overwhelmed. what happens when the father is not involved? sometimes kids will obsess on the video games. sometimes the best thing a parent can say is "no." if you have a child that is calling the shots and parents say they are afraid, that is not the way to raise children. you can still have mental illness as part of that child, even with the best of parents. host: congressman murphy is the co-author of a book, "overcoming passive aggression," which is published in 2005. william is up next from pennsylvania on the republican line. caller: good morning. i want to give my condolences to the 20 people that got killed. i am 67 years old. hello? i could not hear you. had two kids myself --i had two kids myself. we have to tell people how to raise their kids. i have been involved in the government. we give too muc
host: monty writes in on twitter. guest: it is also parental involvement. parents will call a lawyer for someone else if the school says the child has a problem. the school should not say, "it is all the parents' fault." even the best of parents can be overwhelmed. what happens when the father is not involved? sometimes kids will obsess on the video games. sometimes the best thing a parent can say is "no." if you have a child that is calling the shots and parents say they...
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Dec 28, 2012
12/12
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there's a whole another group of obama's but i will do more sensitive way than monty scenario in terms of what the story really comes from. it reminded me a little bit of the clinton book and what people thought because he said it. it is in clinton's convention acceptance, they ran a film, the man from hope. this little small town in southwestern arkansas, the simplicity of rural life and in fact he's from hot springs, a completely different place, much more cosmopolitan and complex with a darker side. the obama story is that people so far his coquette to want to sir and of the story of barack obama senior and his father takes place somewhere else and that's where the african section of this book will start. >> host: two final questions. we want to introduce our viewers to [inaudible] >> guest: leo you could not make out. he belongs in some kind of african john cover a novel. he is 73 years old. he walks around this menacing club. he's got a depot into a cinema and seems to know everybody in africa. the form president of tanzania to idi amin the dictator of uganda back in the 70s and 8
there's a whole another group of obama's but i will do more sensitive way than monty scenario in terms of what the story really comes from. it reminded me a little bit of the clinton book and what people thought because he said it. it is in clinton's convention acceptance, they ran a film, the man from hope. this little small town in southwestern arkansas, the simplicity of rural life and in fact he's from hot springs, a completely different place, much more cosmopolitan and complex with a...
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Dec 27, 2012
12/12
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KNTV
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monty's gone and joe ain't come back from the shack yet. here we are slowly dying of thirst. we're like two rats in a trap. gotta stop feeling sorry for yourself and start thinking of a way for us to get outta here. that's a laugh! we're not gonna get out of here and you know it. nobody's gonna keep me holed up. i'll blast my way out! what are you going to do with an old codger like that? i got it! we'll all rush the sheriff, pick him up bodily, and take him... no, pat. that won't do at all. if there were just some way we could get them out of there. ♪ hey. there's a little dynamite planted under the supports of that old mine shed would bring those outlaws sliding right into out laps. dynamite? yeah, we can get some at the ranger's station. but roy! trying to plant a charge up there is a quick way to commit suicide. i've handled dynamite before. roy. roy! well pat, do something. don't just stand there; stop him! w-well how can i? you know how roy is when he gets hold of an idea. ♪ ♪ ♪ well look at that. yeah. ♪ ♪ ♪ ♪ ♪
monty's gone and joe ain't come back from the shack yet. here we are slowly dying of thirst. we're like two rats in a trap. gotta stop feeling sorry for yourself and start thinking of a way for us to get outta here. that's a laugh! we're not gonna get out of here and you know it. nobody's gonna keep me holed up. i'll blast my way out! what are you going to do with an old codger like that? i got it! we'll all rush the sheriff, pick him up bodily, and take him... no, pat. that won't do at all....
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Dec 3, 2012
12/12
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CNBC
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europeans were very amenable to my point of view on this, which is you think back to a year ago when monti gets named technocrat tick prime minister of italy, he comes out with a package two thirds tax hikes, one third tax cuts. and i remember saying do you think this will work, they're raising the v.a.t. tax and i understand italian household debt isn't that high, but they were trying to tax their way out of a massive debt problem and in fact receipts went down, consumption fell to 4.25 annualized rate and the situation got much worse. today italy has zero nominal gdp grets. and they're funding at 4.5%. that is a bad business model. spain same story. so when you bnk our package and what's been offered so are far which appears like $1.6 trillion in tax hikes against $400 billion of entitlement cuts over time, that's an even worse mix than the two-thirds/one-third european structure that really has gotten a negative reaction. >> how much is because of the mix and how much of it just this is what austerity looks like? >> is the money in capping deductions or raising marginal tax rates? it's
europeans were very amenable to my point of view on this, which is you think back to a year ago when monti gets named technocrat tick prime minister of italy, he comes out with a package two thirds tax hikes, one third tax cuts. and i remember saying do you think this will work, they're raising the v.a.t. tax and i understand italian household debt isn't that high, but they were trying to tax their way out of a massive debt problem and in fact receipts went down, consumption fell to 4.25...